Month: November 2019

“LEGALE ALBANIA” IN THE TRANSFER OF EMPLOYEES BETWEEN GROUP COMPANIES OPERATING IN THE SECTOR OF AIRPORT SECURITY

“Legale Albania” has legally represented a high number of employees (no. 107 ) in the definition of the partial transfer project of company from ICTS Albania Sh.p.k. (Company of the French group ICTS Europe) to Tirana International Airport Sh.p.k. (Company controlled by China Everbright Limited) (TIA). The transfer project, first approved on November 7, 2019, […]

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Albania – International tax co-operation (OECD), new legislation against evasion and joint inspections by the competent authorities

In 2013 the Republic of Albania ratified “The Convention on Mutual Administrative Assistance in Tax Matter”. The Convention is considered to be the most appropriate multilateral instrument for all forms of tax cooperation to tackle tax evasion and avoidance within the OECD.  The Agreement was jointly developed by the OECD (Organization for Economic Co-operation and […]

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AUTOMOTIVE INDUSTRY, ONLY 5% OF TAX (IRES) ON THE INCOME OF COMPANIES FROM JANUARY 2020

During the last two years, several important foreign groups have established their production in the automotive industry in the Albania’s territory. Based on this interest, the Albanian executive government proposed that the 2020 Tax Package will be the subject of the parliamentary debate in December 2019, with the aim of reducing the income tax of […]

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